SailNet Community - View Single Post - The Cruising Life, by Jim Trefethen, and Cruising Financials
View Single Post
post #12 of Old 11-01-2006
Broad Reachin'
kwaltersmi's Avatar
Join Date: Aug 2006
Location: Grand Rapids, Michigan
Posts: 1,950
Thanks: 1
Thanked 18 Times in 18 Posts
Rep Power: 10
Those lofty bank account/retirement account figures are scary because I know it'll be a long time before I can put that much away. However, I still have a plan. I'm currently focused on paying off all my debts (including the house, eventually) and living on less than I make. I refuse to take out any new loans (auto, home, credit card, boat). I'm driving a paid for "beater" car. The goal is to make my income work as efficiently as possible. (Most of the preceding is part of Dave Ramsey's plan).

I'm still at least 3 years away from casting off.
kwaltersmi is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome